Dominica Property & Dominica Real Estate by Caribbean Land & Property. Search for land, or a home, house, or investment property in Dominica. Buy, sell or invest in real estate, land, or commercial property in Dominica, with Caribbean Land & Property experienced in Dominica Real Estate & Property.
Caribbean Land and Property
Facebook Twitter Google+ Pinterest LinkedIn Youtube Blog
Caribbean Land and Property
Caribbean Land and Property
Caribbean Land and Property Caribbean Land and Property Caribbean Land and Property
Caribbean Land and Property
Caribbean Land and Property Caribbean Land and Property
Caribbean Land and Property
Caribbean Land and Property Caribbean Land and Property SEARCH BY      


Financial Articles

Caribbean Property and Real Estate  Offshore Company
Caribbean Property and Real Estate 
Dominica Second Passport
Caribbean Property and Real Estate  Offshore Jurisdiction
Caribbean Property and Real Estate  St Kitts 2nd Passport
Caribbean Property and Real Estate  Tax Avoidance
Caribbean Property and Real Estate  Tax Haven Comparisons
Caribbean Property and Real Estate  Caribbean Mortgages
Caribbean Property and Real Estate  Economic Citizenship
Caribbean Property and Real Estate  Estate Planning
Caribbean Property and Real Estate 
Int. Business Companies
Caribbean Property and Real Estate  Offshore Tax Havens
Caribbean Property and Real Estate  Second Passport FAQ
Caribbean Property and Real Estate  Caribbean Passport


Life Styles Blog
 
 
 
 
 
Back  |  about Dominica  |  comparisons  |  add to favourites  |  send listing to friend
 
 Price : US$ 178,000 Type : Commercial - Restaurant / Bar REF : DOM0165 
Dominica : Near Emerald Pool

WITHDRAWN



Restaurant in Dominica

 



Very pretty Restaurant and Gift Shop with good views of the interior mountains and located on a major road, within 2 minutes drive of Emerald Pool.



The building is sturdily constructed from concrete blockwork with a galvanised roof.

Dominica Real Estate

Dominica Real Estate

The restaurant has interior seating for 20 plus persons and additional seating on the veranda for another 10 to 12 persons.


 












There is a pleasant bar located in the entrance area of the restaurant.

Dominica Real Estate

There is a small Gift Shop located just off the entrance to the restaurant.




 

 

 

The restaurant also has storage and food preparation areas and male and female washrooms.

Dominica Real Estate

The property has ample parking for coaches and cars.

 

 

 

 

 

There is also land that with planning permission, could be developed to include some guest cottages.

Restaurant for Sale in Caribbean

There is a small river situated on the property, at the boundary with the Forest Reserve.

Restaurant for Sale in Caribbean

Photo showing the path to the river and the Forest Reserve.

Restaurant for Sale in Caribbean

The land, which has been cleared of scrub ready for development, has been attractively planted with flowers.

Restaurant for Sale in Caribbean

The restaurant is being sold complete with all the fixtures and furnishings.



 

 

 

Included in the sale is also 2 acres of cleared land to the rear of the restaurant, which has excellant panoramic views over the mountains and is ideal for the construction of several guest villas.

Dominica Real Estate

Dominica Real Estate


Buying Property in Dominica

Alien Landholding License
Under a revision of the law in April 2008, all foreign buyers are required to pay an Alien Landholding fee of 10% of the property value to the Dominica government. Foreigner's buying more than 1 acre of land for personal use, or more than 3 acres of land for business purposes, are also required to apply to the government for an Alien's Land Holding License, which can take several months to process.

Transfer Fees
Transfer fees on real estate are payable by the purchaser and total 20.5% of the property value :-
10% alien landholders fee
4% stamp duty
2.5% judicial fees
1% assurance fund
3% legal fees

The seller has to pay 2.5% stamp duty on the market value of the land being sold.

Planning Permission
All new construction, changes to existing buildings, or changes of use, require planning permission. In most cases permission is granted within 8 weeks of making an application.

The entire buying process is relatively simple and often purchases of homes or small parcels of land not requiring the approval of an Alien Landholders License, can be completed in a matter of one to two weeks. Where an Alien Landholders License is required, the buying process can usually be completed in 4 to 6 months

For further details, CLICK HERE or on the button on this page buying in Dominica

 

 
Back  |  about Dominica  |  comparisons  |  add to favourites  |  send listing to friend
Last Updated On 17 Jul 2018